The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1887-08-21
IVES INVESTIGATED.
Assignee Cromwell Co~ptis Him 10
show HIS Books.
Tho Result af nm Exss.inntisn
~ an THpert Ae-
constant.

Nav YoHE, August Assignee
N. Cromwell, OF the firm Of
Henry 8. Ives 4 o., obis.nsd from
Judge Donohue, yesterday Afternoon,
an order to compel the three partners
In the Arm 10 appear on Monday iu
the court Of Common Peas and ex
plain what has become Of the ledger,
the each book, the security book, and
two blotters, covering tho year 1885
aud tho early part Of 1887. The firm
opened new books on April lei, laot,
and the assignee has been unable TO
oh ain the books rtferied TO from the
members. They profess not 10 know
what has become Of them. They are
important, because, although the
books In use since April Let appear to
be straight, there is nothing to ehos
that they are begun on a correct basis.
The clerks make sfiidavit that all the
boz ks we're In the yault on Mondsy,
August 9Th, about tho time the DIN.
oipnati creditors arrived from the
West with IJeL II is said that the
assignee threatened Ives and his part.
ners with a,TtHt II they did not pro.
ducs the books, but thsy positively
declared ihni they know nothing Of
their whereabouts.
NO AcolvSTs YKr.
The asaIgnee's statement In the
matter OF Ives a Co.'s failure wac
promised for noon today, but at that
hour the accountants asked more
time. They are now busy on tho ~.
cspitulaiion, and the statement IL
D omised to be ready late this sitter.
noon. A meeting OF the directors Of
the Mineral Range Railroad Com.
pany Ia being held In the assignse's
fice, md there 10 the best REASONS
for belief that Mr.. stayT or has res gnt d
the presidency Of the road, and
that Mr.. Ives hiss also resigned 40 vice
presIient, secretary and treafurer, oil
OF which positions he held.
soRRr IT LEAKED ouI
Assignee Cromwell this mornire
said 20 2 reporter that he vas eori
that anything had leaked out con.
corning his action In procuring an
order Of court 10 compel Ives a o.,
to produce certain missing books.
He aaid certain brokers grasped every
possible feature Of the Ives matter
TO h Auence the stock market, and
no had for shat reason all along
avoided giving out any information
which could be converted into n sen.
cation. The statement now nearly com.
pleted II made, he faid, from the books
az they en- 81. Tbeee are complete
set, carefully kept and telling n con.
nscted story Of the Anne transac.
tons. Mr. Cromwell would not state
what the mis,ins books we're, bul oiid
that he would make bis statement OF
he AFFAIR In Coprt on Monday morn.
ing.
kIPERrs COMPLETE THIN woHE
Nav YoRE, Angus. 20.-The Ave
experts who have been Mt work during
thu past week on a gis'emaht Of The
position of Ives 4 90. completed their
work today, and after consulta'lon
with Henry 4 lyee, who remniHCd In
the Hics Of Orom sell a Sullivan un-
til the hsuIes wero given out, II wsn
decided to only give a brief summary
OF the liabilities, but TO give the a..
sets Ia detail. The list OF assets Ia.
clude mfny shares Of bank STOCK, thu
larRsst OF Whioh Is 1862 shares OF tie
Merchants National Bank Of Toledo
In giving the statement out the a.
siguee explained that he made no A.
bmpt 90 appfAiso the value Of the
stock and ,LmpIy ioyk the lace value
although he places the Chemical Bank
stock al $500 per share. The state
ment In given by the assignee as iol
lows:
Llabillties-Loans occurred, 1882,
pa; bills payable, secured, SLAB,
so; deposits, 80, 42l, O93; m'scellane
ous, So, b6i Total, sl6, AIS, 723.
Assetts: Stocks, 800 shares Gin
clnnali, Hamilton aud DAYTON, pre-
ierred, lace value, 5000, 90; %, 9Ot
sharea common, $3.50, 600; l04 OIL:
Dayton, Fort Wayne and Chicago
$40, 40i, 300; $40 shares Teue Hani'
aud Indiana half stock, $4,000; b93i
shares 1erre Hsuto And LogaIsp0r
bali stock. $2go,6O0i ITO sharol
Amfric. B,nk Note Company
sb5, 500. s. shares Chemical Nationa
Banh, s22e, 500; 33 shares Continenta
National Bank, $500; 1893 shareI
Mineral Rsnfe TAilr'fd stock, fl70,
500; 1922 Bhnfes MpTohenis NAtiona
r.. nix, of Toledo, Sll6,2O0; 20 share
National Bank Of Commerce, Ne'
York, $500; 20 ahares Oregon Raj
road aud Nav cation Company, 5000
"a shares Seventh National Bank
1900; 100 ehAFCn 0Iio Valley Coz
s,ruclion Company, $4,000; $50
shares Hancock and Gala railroad
$4,000; $1,000 Of ares Dayton en-
II chisan railroad hall stock, 500 900
Chiospo ard Nrtthwtstern ooasolidal
ed 7s, s27, 900; Mineral Rar ge genera
mortgage A., fl49,l00; Pennsylvani
railroad A., 5000; seneca Falls an
Waterloo J,, 5000: Toledo, Delpho
and Burlington. 5000; Cincinnati
Richmond and Chicago "a, 10000
Chicago and A'chlson and kidg
Oimpany IL, 1900; Uoited State
coupon AIS. $50 500; United sst6
coupon A., sl3. 600; Cincinnati, Hsmi
ton and Dayton AZ, 1900; 81 L1nil
Vandslla and Zorro Haule, 500 0N
Nav 0teane, Danvills and Now Yorl
fi5, 900; Toledo, Cincinnati and 5
Louis forips, t2l 800; mlscellaneau
afsets, 5000; Dayton and Chica2
hpis, re collateral 10 certain advance
10 said company, fl,26O, 900. Ioti
S6eis, g23 1890 This leaves anon
inal surplus OF f,S08,676, bat ~ ia
a.sets Il will be seen that the assigDc
bas plaof d 81 80 900 Cincinnati, Han